Reliance Infrastructure Ltd has bagged Rs 3,675 crore EPC order from NLC India Ltd for setting up two lignite-based thermal power projects of 250 MW each in Rajasthan.
"The contract entails complete engineering, procurement and construction (EPC) on turnkey basis of 2 Nos of 1 X 250 MW power plant based on Circulating Fluidised Bed Combustion (CFBC) technology," RInfra said in a BSE filing today.
The project is to be commissioned in 40 months, and will include boiler, turbine and generator and balance of plant.
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"Expression of Interest (EOI) for Qualification Requirement (QR) through International Competitive Bidding (ICB) on EPC basis was floated, and leading companies including RInfra, BHEL, Lanco, SEPCO I, SEPCO III and BGR Energy participated in the bid. RInfra bid was the lowest amongst shortlisted bidders," it said.
RInfra is targeting EPC opportunities worth Rs 2 lakh crore. It is aggressively bidding for over Rs 1 lakh crore of projects in this financial year to increase the EPC order book to over Rs 30,000 crore by FY18.
"With our experience of having executed different types of power projects...This contract will augment our capability ... This project has been won by us at the right time to further leverage our unparallelled comprehension of critical technology, expertise in engineering and time bound execution in the EPC space," said the company.
RInfra EPC division has earlier executed large scale projects worth Rs 33,000 crore, including the ultra mega power project (UMPP) of 3,960 MW at Sasan, Madhya Pradesh.
Bithnok Thermal Power Project (250 MW) with the linked lignite mine of 2.25 MTPA capacity at Bithnok in Rajasthan is being set up by NLC India Ltd for which Power Purchase Agreement has been signed with Rajasthan discom.
Barsingsar Thermal Power Station Extension (250 MW) is an extension of the existing power plant at Barsingsar. Both the projects are set for commissioning during 2020.
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